Silvermini
Bull Flag Pattern
Wait for Breakout! If break and close above 67500 we may see level of 69000.
On the downside, support is around 66000-65000.
Hidden Bearish Divergence
This occurs when price makes a lower high (LH), but the oscillator is making a higher high (HH). By now you've probably guessed that this occurs in a DOWNTREND. When you see hidden bearish divergence, chances are that the pair will continue to shoot lower and continue the downtrend.
Silver MCX looks promising at this level
After several attempt to break trend-line it is
once again at the level, RSI crossing 50 levels
If breakout occurs and stays above the Resistance we may see level around 63100-64800.
However if failed, reversal happens from this level! then nearest
support will be around 59950-58890.
Thanks
as you can see silver mini is not down. and make head and shoulder pattern now its rang bound if silver brak out its going up as you can see on the chart. there is more chance to going upside, so you can wait for the cross-resistance and if you want to enter in the market so 2 candles above you can buy it with volume this is so important this 2 thing when you can...
